Published by ChinaMNC · Nanhu
Jiaxing’s Major Projects: A Practical Guide for Foreign Founders Seeking Manufacturing and Talent Advantages
Jiaxing is advancing two major projects—Jiahe Zhigu Industrial Park and Fenghuang Lake Innovation Base—to boost smart manufacturing and talent attraction. This article summarizes key facts for foreign founders considering company registration or operations in the region.
Jiaxing’s Major Projects: A Practical Guide for Foreign Founders Seeking Manufacturing and Talent Advantages
Foreign founders looking to establish or expand operations in China often seek locations that combine industrial infrastructure, talent support, and efficient government coordination. Jiaxing, a city in Zhejiang Province, is currently advancing two major projects that illustrate its strategy to become a “smart manufacturing and innovation strong city.” Based on official government information, this article outlines the key facts of these projects and what they could mean for foreign-invested enterprises.
Jiahe Zhigu Industrial Park: Precision Manufacturing Hub
Located in Hexing Subdistrict, Nanhu District, the Jiahe Zhigu Industrial Park is a 1.59 billion RMB (approximately 220 million USD) project with a total floor area of about 317,000 square meters. It is being developed in four plots and two construction sections simultaneously. The land was acquired in June last year, and construction started in phases from late November. The project is expected to complete its main structure by the end of this year and be fully completed by the end of next year.
The park adopts an “industrial upstairs” model, where factory units can be flexibly divided and combined. The ground floor features ample vertical space for large equipment and high-bay racks, while standard floors accommodate both R&D offices and light manufacturing. This design is particularly suitable for precision instrument manufacturing companies. To date, six projects have signed up, reserving two factory buildings, primarily in the precision instrument manufacturing sector. To meet early occupancy needs, the construction schedule for these two buildings is being adjusted to allow earlier completion and filing.
A key challenge during construction was soil transportation due to strict environmental requirements and the lack of local disposal sites. The Nanhu District government coordinated cross-regional solutions, including finding legal disposal sites, optimizing transport routes, and allocating compliant vehicles, ensuring the project proceeded without delay. This example demonstrates the local government’s willingness to intervene and support major projects.
Adjacent to the park, the Yangshuai plot is planned to include youth talent apartments, the Xinjia Center, and the Longzhuangrun headquarters building. The youth talent apartments have already topped out, the Xinjia Center completed its structure on September 26, and the Longzhuangrun building topped out on October 10. The plot will feature twin 100-meter towers, inspired by the shape of butterfly wings, creating a “wing of the city north” landmark. Together with Jiahe Zhigu, it will form a new gateway for the northern part of the city, creating an integrated industrial community that combines production, living, and ecology.
Fenghuang Lake Innovation Base: Talent and Innovation Nexus
In Wutong Subdistrict, Tongxiang City, the Fenghuang Lake Innovation Base is a larger project with a total investment of 4.005 billion RMB (approximately 550 million USD). It covers about 383.91 mu (approximately 25.6 hectares) with a total floor area of 321,600 square meters and includes 22 buildings. The project broke ground on April 28 this year; by June 13, piling was essentially complete, and by July 23, the basement had reached ground level. Cumulative output value for all sections is about 410 million RMB, or roughly 32% of the total.
The base integrates research incubation, business finance, conference and exhibition facilities, sports and fitness, dining and retail, and talent apartments, along with supporting infrastructure such as roads, landscaping, pipelines, and lighting. The buildings feature red and white tones, with high-rises using frame-shear wall structures and multi-story buildings using frame structures. The project is scheduled for completion and delivery by June 30 next year.
Notably, three talent apartment buildings started in mid-May and have already reached the 17th floor of their main structure, with masonry work up to the 9th floor. These three buildings are expected to top out by mid-November. The construction method eschews sequential building-by-building work in favor of parallel operations, with resources deployed simultaneously across all three buildings to save time. This approach reflects the project’s fast-track nature.
Strategically located in the Baidao block, southeast of Tongxiang’s main urban area, the base sits on the eastern side of the Wuzhen Avenue science and innovation axis. It connects to the Wuzhen International Innovation Zone to the north and the High-Speed Rail Industrial New City to the south. Once all 22 buildings are lit up, the base will serve not only as a facility but as a growing talent homeland.
Implications for Foreign Founders
For foreign entrepreneurs considering company registration in Jiaxing, these projects signal several opportunities. The Jiahe Zhigu park offers flexible factory spaces tailored to precision manufacturing, with government support in overcoming operational hurdles. The Fenghuang Lake base provides a mixed-use environment that could appeal to innovative firms seeking proximity to talent, research, and business services. Both projects are part of Jiaxing’s broader effort to attract investment; from January to August, the city’s “thousand projects, trillion investment” major projects achieved an investment completion rate of 88.6%. The Jiaxing Development and Reform Commission indicates that coordination mechanisms will be further upgraded to accelerate project completion and operation.
Foreign founders should note that while these projects are under development, specific incentives or requirements for foreign-invested enterprises are not detailed in the source. However, the infrastructure and government support described suggest a conducive environment for manufacturing and innovation activities. As always, consulting local professionals for the latest policies and regulations is advisable.
This summary is based on information published by the relevant Chinese government website and is general information, not legal or tax advice.